Hong Kong eyes slice of booming ‘NewSpace’ economy as professional services hub

Hong Kong aims to develop its “NewSpace” economy by positioning itself as a leading hub for finance, insurance, legal and arbitration services, and materials application in alignment with the nation’s development plan. The Chief Executive’s Policy Unit revealed on Sunday that it had hosted a high-level round table on the space economy last week, inviting academics, investors and experts from mainland China and overseas to discuss Hong Kong’s strategic positioning and opportunities amid a global...